10 C's of Supplier Evaluation

Supplier evaluation is the systematic process of assessing a supplier's capabilities across various critical aspects to ensure businesses select reliable and compatible partners for their supply chain.
This crucial step involves evaluating factors such as competency, financial stability, performance consistency, and cultural alignment. It ensures quality and reliability, reduces risks, enhances operational efficiency, and fosters strategic partnerships.
By thoroughly vetting suppliers, companies can mitigate risks, optimize costs, and establish long-term, successful collaborations that contribute to a robust and efficient supply chain.
Let's here view 10 C's of Supplier Evaluation authored by SN Panigrahi
SN Panigrahi